There Is A Crisis Of

We Are Paying Teachers Who Are In Charge Of Our Human Capital, Arguably More Important Than Our Financial Capital, A Very Tiny Fraction Of What Wall Streeters Are Paid.

Socialism For Rich Bankers And Capitalism For Everyone Else.

We Can't Have Extraordinary Dynamism, Innovation, And Change In The Economy And Expect To Have Predictability And Stability In Our Personal Lives. It's Not As If There Are These Big, Giant Institutions Existing Between Us And The Economy. In Fact, These Institutions Have Become Tissue-thin. There Is No Mediation Anymore. We Are The Economy; The Economy Is Us.

I'm Quite Optimistic When It Comes To The Capacity Of Our People To Have An Honest Discussion About What's Really Going On. What Do You Think John Mccain's Candidacy Was About? And The Early Days Of Bill Bradley's Candidacy? People Are Hungry For A Genuine, No-spin Set Of Ideas And Truths. They Want Their Leaders To Tell It Like It Is. There Is A Great Demand For This. Politicians Continually Underestimate The Ability Of The American Public To Understand What's Happening To Them And What The Real Choices Are.

I Started In The Law; And The Study Of Law, When It Precedes The Study Of Economics, Gives You A Set Of Foundation Principles About How Human Beings Interact. Economics Is Very Useful, And I Studied Economics In Graduate School. But Without Understanding The Social And Organizational Context Of Economics, It Becomes A Theory Without Any Groundwork.